3 Predictions for Distressed Properties in 2012 Daily Real Estate News | Thursday, January 05, 2012 It’s hard to know exactly what will happen with foreclosures, REOs, and short sales in the coming year. Factors such as employment, home values, and consumer confidence will determine whether they go up or down. The one thing that’s…
DetailsHow Long Will Low Mortgage Rates Last? Daily Real Estate News | Tuesday, January 03, 2012 For nine consecutive weeks, the 30-year fixed-rate mortgage has been hovering at or below record lows of 4 percent, pushing housing affordability for home buyers even higher. But will these low rates stick around much longer? The Federal Reserve…
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International Buyers Scoop Up U.S. Bargains Daily Real Estate News | Friday, December 30, 2011 According to the National Association of REALTORS®, international ownership in U.S. real estate sits at about 8 percent — a percentage that is worth $82 billion. With homes in many parts of the country now worth what they were in…
DetailsLenders Gain More Acceptance Over Short Sales Daily Real Estate News | Friday, December 30, 2011 Lenders are increasingly becoming more accepting over short sales as they seek more solutions to help struggling home owners avoid foreclosure, according to a recent article at MSNBC.com. “Foreclosure sales are pretty devastating,” Faith Schwartz, executive director of Hope…
DetailsPositive Market Report Sends Housing Stocks Soaring Daily Real Estate News | Friday, December 30, 2011 Good news spread Thursday for home builders, home improvement companies, and mortgage lenders, as stocks ticked up after the National Association of REALTORS® released a new report showing that pending home sales in November reached their highest level in…
DetailsBuyer vs. Seller on Home Prices Daily Real Estate News | Friday, December 30, 2011 Housing analysts are expecting home prices to stabilize in 2012, but that doesn’t mean that buyers and sellers won’t continue to be at odds over home prices in the new year. While buyers are feeling good about the housing market…
DetailsPending Home Sales Rise Again Daily Real Estate News | Thursday, December 29, 2011 Pending home sales continued to gain in November and reached the highest level in 19 months, according to the National Association of REALTORS®. The Pending Home Sales Index, a forward-looking indicator based on contract signings, increased 7.3 percent to 100.1 in…
DetailsWhat’s in Store for Housing in 2012? Daily Real Estate News | Wednesday, December 28, 2011 The worst for the housing market may finally be over, according to housing experts in a recent article in Kiplinger. After median home price have dropped nearly 40 percent nationwide, a rebound is taking shape — although, housing experts…
DetailsSome Good Signs for the Real Estate Market Daily Real Estate News | Tuesday, December 27, 2011 Sales ticked up for existing homes and new homes, several real estate market indicators revealed last week, pointing to a housing market that may finally be entering recovery mode. In the most recent report, the Census Bureau reported…
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